News Broadcasting
Cinema India Expo 2006 kicks off in Mumbai
MUMBAI: The sixth successive International Exhibition and India’s only established tradeshow and convention Cinema India 2006 began in Mumbai today. The three-day conference will take a look at Digital Cinema Technology, Film Production, Cinema Theatre Equipment and Multiplex Design and Solutions.
Global players in the film technology industry including Kodak, Real Image, Sim2, Projection Design, Panasonic and Kinoton will be present on the Cinema India exhibit floors. Valuable Media, E-City Digital and Real Image has set up digital cinema demos in their auditoriums o the floor of the expo.
The highlight of the opening day has been a panel discussion on FM Radio industry. The panel featuring India Today Group GM Commercial Uday Chawla, Radio Masti CEO Rajiv Mishra and BMG Deep Emotions Music Publisher Achille Forler discussed the opportunities and challenges of FM Radio. The session was moderated by Pro Sound Magazine editor Anil Chopra.
Explaining the challenges FM radio industry faces, Mishra highlighted the lack of effective government policies on the satellite radio sector. “FM radio is targeted at people on the move, while satellite radio is understood as a stationary medium. The repeater technology can change this scenario for satellite radio operators. So we need solid government policies on satellite radio,” opined Mishra.
On Internet Radio, Chopra said the technology was not feasible in India at the moment. “But the cost will surely come down in the near future once the technology gets cheaper.”
Speaking on the niche spaces for FM radio, Chawla said it depended on the intensity of competition. “If we have three or four players in a market, everybody would be targeting the same general audience segment. But once you have about ten players fighting out in a market, some of them would obviously go for niche segments such as western music and classic music,” he said.
News Broadcasting
Network18 Q4 revenue grows 9.7 per cent, EBITDA at Rs 30 crore
PAT improves to Rs 306.6 crore, margins steady amid cost pressures.
MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.
Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.
However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.
Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.
At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.
On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.
Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.
The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.
